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If a companys stock currently sells in the marketplace for $55 per share, and the book value of this stock is $25 per share, what

If a companys stock currently sells in the marketplace for $55 per share, and the book value of this stock is $25 per share, what is the Price Earnings ratio if the Earnings per share is $3.00?

a.

18.33

b.

8.33

c.

0.05

d.

0.12

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